1st Quarter - Report · 2026

Filing UUID: 63560a5a-3edc-4dd4-b0fb-817f0a032f06
Type: Q1 — 1st Quarter - Report
Period: first_quarter
Year: 2026
Posted: 2026-04-21 00:32:22
Income (reported): $80,000
Expenses (reported): —
Filing document: Open on lda.senate.gov

Registrant (lobbying firm)

INVARIANT LLC

Government relations firm

Contact: LAURA JOSHUA
Phone: +1 202-628-8952
Address: zip:20005, city:Washington, state:DC, street:740 15th ST NW 5th Floor

Client

PAYWARD INC D/B/A KRAKEN

Cryptocurrency exchange and bank

State: CA
Country: US
Effective date: 2022-02-16

Issues lobbied + lobbyists

`TAX` — Taxation/Internal Revenue Code

Monitor de minimis reporting provisions in P.L. 119-21, the One Big Beautiful Bill Act. Monitor draft digital asset tax legislation and proposed regulations, including S.2207, a bill to amend the Internal Revenue Code of 1986 to reform the treatment of digital assets.

Lobbyists:

Government entities lobbied: HOUSE OF REPRESENTATIVES; SENATE

`FIN` — Financial Institutions/Investments/Securities

Educate policymakers on Kraken's business model, cryptocurrency issues, crypto legislation, and digital asset market structure proposals, including H.R. 3633, the CLARITY Act of 2025. Monitor other draft legislation related to centralized exchange funds and market structure affecting the treatment of digital assets.